Barbro Wickman-Parak will leave the Riksbank in May

Mon, Mar 04, 2013 12:15 CET

Deputy Governor Barbro Wickman-Parak will leave the Riksbank on 20 May when her period of office expires. Barbro Wickman-Parak has been a member of the Executive Board of the Riksbank since 21 May 2007 and has notified the General Council that she will not be available for re-election to the Board.

“I have experienced six very eventful years at the Riksbank, to say the least. We have, for instance, had a financial crisis to deal with, and we are still experiencing its aftermath. It has been a tremendous privilege to take part in the Riksbank’s work together with my colleagues on the Executive Board and all of the knowledgeable and dedicated employees at the Riksbank. Now my period of office is coming to an end and at my age I do not wish to commit myself to a further period. I notified the Chairman and Vice Chairman of the General Council of my decision not to make myself available for re-election some time ago”, says Barbro Wickman-Parak.

“On behalf of the General Council, we would like to thank Barbro Wickman-Parak for her very valuable contribution to the work of the Riksbank. Barbro’s analytical skills and personal qualities have contributed to developing the work of the Riksbank,” say Johan Gernandt, Chairman of the General Council, and Sven-Erik Österberg, Vice Chairman, in a joint comment.

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The Riksbank is Sweden's central bank and an authority under the Riksdag, the Swedish parliament. The Riksbank is responsible for monetary policy with the objective to maintain price stability. The bank has also been given the task to promote a safe and efficient payment system.